How do I get a Florida solar tax credit like I'm supposed to?

gbrowne2010 — Sun, 29 Mar 2020 17:00:03 GMT

Re: How do I get a Florida solar tax credit like I'm supposed to?

Anonymous — Sun, 29 Mar 2020 17:21:18 GMT

do you mean the Federal Solar Tax Credit? Florida does not have an income tax and TT has no tax filings for the state so if it offers a credit you'll have to research it

Re: How do I get a Florida solar tax credit like I'm supposed to?

VictoriaD75 — Fri, 03 Apr 2020 01:09:53 GMT

According to the U.S. Department of Energy, you can claim the Residential Energy Efficiency Property Credit for solar, wind, and geothermal equipment in both your principal residence and a second home. But fuel-cell equipment qualifies only if installed in your principal residence.

The credit is equal to 30% of the cost, including installation.
There is no upper limit on the amount of the credit for solar, wind and geothermal equipment.
The maximum tax credit for fuel cells is $500 for each half-kilowatt of power capacity, or $1,000 for each kilowatt.
- For example, a fuel cell with a 5 kW capacity would qualify for 5 x $1,000 = $5,000 tax credit.

To add the information to your return, under the Federal menu on the left, choose Deductions & Credits. Expand the menu for Your Home. Click Start/Revisit next to Home Energy Credits. Answer Yes on the following screen and click Continue. Enter the information on the screens that follow.

Energy Tax Credit

topic How do I get a Florida solar tax credit like I'm supposed to? in State tax filing

How do I get a Florida solar tax credit like I'm supposed to?

Re: How do I get a Florida solar tax credit like I'm supposed to?

Re: How do I get a Florida solar tax credit like I'm supposed to?